Goldman Sachs Downgrades NXP Semiconductors To Sell

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Analysts at Goldman Sachs downgraded NXP Semiconductors N.V.
NXPI
from Neutral to Sell. The target price for NXP Semiconductors has been lowered from $58.00 to $54.00. NXP Semiconductors shares have surged 80.53% over the past 52 weeks, while the S&P 500 index has gained 18.77% in the same period. NXP Semiconductors' shares dropped 2.52% to close at $62.28 on Friday.
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Posted In: DowngradesAnalyst RatingsGoldman Sachs
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